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Old November 12th, 2016, 09:07 PM   #1
Hudson11
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YONKERS | Extell Waterfront Development | 6 Buildings | 7 fl x 5 | 22 fl x 1 | Pro

Westfair: Extell revives plans for 1,395-unit apartment complex in Yonkers

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Plans have been revived to build a previously approved 1,395-unit luxury rental apartment complex in downtown Yonkers in a series of phases over the next decade.
Proposed by Manhattan-based Extell Development Co., the six-building development with 51,800-square-feet of commercial space would be on 22 waterfront acres adjacent to the MTA bus depot. The complex would stretch from the former British International Cable Corp. property at 1 Point St. to the Excelsior Packaging plant at 159 Alexander St. at its southern tip.
The development plans include five seven-story buildings and a single 22-story tower at the north end of the site. The five smaller buildings would house five stories of residential apartments over a two-story podium with parking and commercial space.
In the first phase of the three-phase project, the company would redevelop a portion of the southern end of the site to accommodate two buildings totaling 670,135 square feet with 513 residential units and 14,300 square feet of commercial space. A second phase includes two 501-unit buildings totaling 560,120 square feet and 19,400 square feet for commercial tenants.
The company would then build the 22-story, 541,473-square-foot tower on the northern part of the site that is now home to the “Blue Cube,” a 10-story, 30,000-square-foot former industrial laboratory 1 Point St. The proposed 277-unit tower would also feature 7,100 square feet of commercial space. A final 115,370-square-foot building housing 103 units and 1,100 square feet of commercial space would also be constructed during the final phase.
[...]
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Old November 17th, 2016, 05:04 PM   #2
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Wow that is a game charger for the Waterfront... I wish they would jumpstart the Glenwood Power plant project.
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Old July 30th, 2017, 01:53 PM   #3
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This is very nice and decent post ..... You rocked posting it .... Thanks a lot for posting it ....!!!!
https://www.youtube.com/watch?v=lCG1gtJJqxI
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Old August 27th, 2018, 11:15 PM   #4
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Developer wants $20 million tax break from Yonkers



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Extell Hudson Waterfront has asked the Yonkers Industrial Development Agency for $15.4 million in sales-tax breaks on construction materials and $4.9 in mortgage-recording tax breaks for various properties it will acquire along Alexander Street, Water Grant Street and Babcock Place. The developer also seeks a 30-year payment in lieu of taxes agreement known as a PILOT consisting of an annual payment of $4.5 million.
[...]
the project will be built in phases over 10 years.
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Old September 5th, 2018, 09:05 PM   #5
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follow up on that last post: REW: Extell bags tax breaks for $500M Yonkers development
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Old September 16th, 2018, 11:04 PM   #6
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the cube is where the 22 story tower will go.

https://westfaironline.com/106386/yo...eloper-extell/

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